Significant feelings of overwhelm and inadequacy among small and medium-sized business leaders have been highlighted, revealing a need for better training and peer support.
The survey indicates that younger business leaders feel more overwhelmed, with 35% of those aged 18 to 24 expressing this sentiment, demonstrating a generational gap in business confidence.
While most leaders maintain confidence in their daily operations (96%), they recognize a pressing need for leadership training, with 33% listing it as essential to improve their capabilities.
Flora Hamilton of the Small Business Charter emphasizes the importance of support structures like the Help to Grow: Management program, which aims to enhance resilience, innovation, and growth for these business leaders.
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